LOW LEVELS OF LIFE INSURANCE DENSITY

Along with life insurance penetration rate, life insurance density rate is also a yard stick to measure the level of development of the life insurance sector in the country. Density rate is measured as the ratio of premium underwritten to total population of the country. According to the latest reports, the life insurance density levels of Switzerland, Japan, UK, Hong Kong, France, Taiwan, Singapore, US, South Korea and India are USD4421, USD4138.USD3347, USD3442, USD2638, USD2757, USD2296, USD1716, USD1615, and USD49 respectively. The world average stood at USD229. India’s life insurance density is very low when compared to the world nations indicating that there is vast scope for potential in our country’s life insurance sector.

Benefits of LIC Agency As A Career

  • Have the luxury to work with the highest paid profession in the world
  • Enjoy both Royalty and Hereditary Income
  • You can start this Profession with no Investment.
  • You are your own boss to set your own working hours, enjoy the liberty.
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How To Become A LIC Agent?

The Process

  • You should have a minimum pass in 12th standard
  • You should be of age 18 years and above
  • You should undergo class-room Training and online exam
  • Apply online on this website

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